Empirical Asset Management LLC Purchases Shares of 234 Graham Holdings (NYSE:GHC)

Empirical Asset Management LLC acquired a new position in Graham Holdings (NYSE:GHC) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 234 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Covestor Ltd boosted its position in shares of Graham by 8.4% in the 3rd quarter. Covestor Ltd now owns 155 shares of the company’s stock valued at $128,000 after purchasing an additional 12 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Graham by 3.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 447 shares of the company’s stock worth $313,000 after buying an additional 15 shares during the period. Truist Financial Corp increased its position in shares of Graham by 1.1% in the second quarter. Truist Financial Corp now owns 1,982 shares of the company’s stock worth $1,387,000 after acquiring an additional 21 shares in the last quarter. Inspire Investing LLC lifted its position in shares of Graham by 6.4% in the 2nd quarter. Inspire Investing LLC now owns 500 shares of the company’s stock valued at $350,000 after acquiring an additional 30 shares in the last quarter. Finally, Delphi Management Inc. MA boosted its stake in Graham by 1.5% in the 2nd quarter. Delphi Management Inc. MA now owns 2,373 shares of the company’s stock worth $1,660,000 after purchasing an additional 34 shares during the period. 93.16% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Graham from a “hold” rating to a “buy” rating in a research note on Monday, November 4th.

Insider Activity at Graham

In other Graham news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction on Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now owns 442 shares of the company’s stock, valued at $389,534.60. This trade represents a 26.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 20.50% of the stock is currently owned by insiders.

Graham Stock Up 0.6 %

Shares of Graham stock opened at $906.25 on Monday. Graham Holdings has a 1 year low of $683.00 and a 1 year high of $974.00. The company has a market cap of $3.93 billion, a P/E ratio of 17.75 and a beta of 1.14. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The stock has a 50-day moving average price of $908.54 and a 200 day moving average price of $825.79.

Graham Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, February 3rd will be given a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.79%. This is a positive change from Graham’s previous quarterly dividend of $1.72. The ex-dividend date of this dividend is Monday, February 3rd. Graham’s dividend payout ratio is 14.10%.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.